海外研报

The storm before the calm?

sectors had wow down moves of less than -2%. Moreover,Real Estate actually finished the week in positive territory.

A slowing, not a slump: what we're watching

We expect a moderate slowdown, and the Fed cutting 25bps in September. But the burden of proof is on the soft landing. Last

Japan Equities and the Yen

Incoming economic data may drive a further unwinding of JPY carry trades/FXhedged activity from overseas equity investors. We retain a bullish JPY skew.

The Global 360 Our views around the world

Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflict of

Implied Thoughts Four key takeaways from the latest sell-off

The short-term rates market is still fully pricing in a recession (and risks position unwinds if data doesn’t comply).

Signals from the Credit Market for US Growth Risks

We think signals from the corporate credit market are fully consistent with a soft landing.

The US Fiscal OutlookIs Unsightly,But A Debt Crisis Is Not Inevitable

Executive SummaryInvestors have observed that pandemic spending materially worsened the USfiscal outlook and are asking our US strategists about it in nearly every meeting